Natural Gas and other commodities evening session technical levels
Major Economic Data of Today
7:00 PM PPI m/m, Core PPI m/m and Unemployment Claim
9:00 PM Natural Gas Storage
Gold
Gold has support at 47750 and resistance at 47900. Break and sustain below 47750 will take it to the next support level of 47600….47500 and sustainable trade above 47900 and see further upside move towards the next resistance level of 48000…48100.
Silver
Silver has support at 61850 and resistance at 62100. Break and sustain below 61850 will take it to the next support level of 60500…60100 and sustainable trade above 62100 and see further upside move towards the next resistance level of 62500…62800.
Nickel
Nickel has support at 1614 and resistance at 1624. Sustainable trade above 1624 will see the upside move towards 1632…1640 and if sustained below 1614 can catch the downside move towards 1604…1590 respectively.
Copper
Copper has support at 750 and resistance at 755. Sustainable trade above 755 will see the upside move towards 758…762 and if sustained below 750 can catch the downside move towards 746…742 respectively.
Zinc
Zinc has support at 287.50 and resistance at 289.50. Selling can see this counter below 287.50 for the targeting towards 286…284 and sustainable trade above 289.50 will see the upside move towards 291…293.
Aluminium
Aluminum has support at 232 and resistance at 235. Sustainable trade above 235 will see the upside move towards 237…239 and if sustained below 233 can catch the downside move towards 230…227 respectively.
Crude Oil
Crude Oil has support at 6070 and resistance at 6130. Sustainable trade above 6130 can see more upside move towards 6180….6250 and if sustained below 6070 will see the downside move towards 6000….5930 levels.
Natural Gas
Natural Gas has support at 344 and resistance at 353. Sustainable trade above 353 can see more upside move towards 360…367 and if it sustains below 344 will see the upside move towards 335….328 levels.
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